The design and construction of a plasmoid thruster prototype is described. This thruster operates by expelling inductively formed plasmoids at high velocities. These plasmoids are field reversed configuration plasmas which are formed by reversing a magnetic flux frozen in an ionized gas inside a theta-pinch coil. The pinch coil is a unique multi-turn, multi-lead design chosen for optimization of inductance and field uniformity. A table-top bread-board demonstrator has been built at MSFC, and will be delivered to Radiance Technologies Inc. for further testing at the Auburn Space Power Institute.